Karooooo (KARO) Expected to Announce Quarterly Earnings on Tuesday

Karooooo (NASDAQ:KARO) will likely be announcing its Q3 2026 results before the market opens on Tuesday, January 13th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $79.0370 million for the quarter. Karooooo has set its FY 2026 guidance at 1.830-2.000 EPS. Interested persons can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, January 21, 2026 at 8:00 AM ET.

Karooooo (NASDAQ:KARO) last issued its quarterly earnings results on Tuesday, October 14th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. The company had revenue of $76.16 million for the quarter, compared to analysts’ expectations of $73.45 million. Karooooo had a return on equity of 31.64% and a net margin of 19.90%. On average, analysts expect Karooooo to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Karooooo Stock Up 1.0%

NASDAQ:KARO opened at $45.59 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.80 and a quick ratio of 0.79. The firm’s 50-day moving average price is $45.40 and its 200-day moving average price is $48.64. The company has a market capitalization of $1.41 billion, a PE ratio of 25.47 and a beta of 1.06. Karooooo has a 1-year low of $35.88 and a 1-year high of $63.36.

Institutional Trading of Karooooo

Institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP raised its stake in shares of Karooooo by 699.1% in the second quarter. Marshall Wace LLP now owns 55,602 shares of the company’s stock worth $2,723,000 after purchasing an additional 48,644 shares during the last quarter. Two Sigma Investments LP increased its holdings in Karooooo by 115.4% in the 3rd quarter. Two Sigma Investments LP now owns 74,130 shares of the company’s stock worth $4,234,000 after buying an additional 39,709 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in Karooooo in the 2nd quarter worth about $1,378,000. Raymond James Financial Inc. lifted its stake in Karooooo by 7,327.7% during the 3rd quarter. Raymond James Financial Inc. now owns 27,631 shares of the company’s stock valued at $1,578,000 after acquiring an additional 27,259 shares during the period. Finally, Bank of America Corp DE lifted its stake in Karooooo by 514.8% during the 3rd quarter. Bank of America Corp DE now owns 31,357 shares of the company’s stock valued at $1,791,000 after acquiring an additional 26,257 shares during the period.

Wall Street Analyst Weigh In

KARO has been the topic of several recent research reports. Wall Street Zen upgraded Karooooo from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Weiss Ratings started coverage on Karooooo in a report on Thursday, October 16th. They issued a “hold (c+)” rating on the stock. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $58.25.

Karooooo Company Profile

Karooooo Ltd is a global provider of telematics software-as-a-service solutions for vehicle and fleet management. Through its flagship platform, the company delivers real-time GPS tracking, stolen vehicle recovery and driver behaviour analytics, enabling commercial fleets and automotive insurers to optimise operations, increase safety and reduce costs.

Karooooo’s SaaS platform integrates proprietary hardware devices with cloud-based analytics and mobile applications. Customers gain access to live vehicle location data, engine diagnostics, route planning tools and customizable reporting dashboards.